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UK-Singapore free trade agreement: securing bilateral trade in goods and services post-Brexit
Posted: 21/12/2020
Upon the UK’s exit from the European Union in January 2020, it entered into an 11-month transition period ending on 31 December 2020. In readiness for this window coming to a close, the UK has been actively seeking trade deals in order to secure its new trading position. On 10 December 2020, the UK and Singapore signed...…>>
Penningtons Manches Cooper among first signatories to the UK Chamber of Shipping Single-Use Plastic Charter
Posted: 14/12/2020
The UK Chamber of Shipping has recently launched the Single-Use Plastic Charter and Penningtons Manches Cooper is one of the first 29 signatories. The charter aims to encourage companies to ban the use of non-essential single-use plastics by the end of 2021 to help protect the environment now and for future generations...…>>
How digital data is changing Admiralty Court collision trials: guidance from the recent Suez collision judgment
Posted: 15/10/2020
Judgment was handed down last week on a three-way collision that occurred in the Suez Canal on 15 July 2018. The vessels were the Sakizaya Kalon (SK), Osios David (OD) and Panamax Alexander (PA). This was Sir Nigel Teare's final case as Admiralty Judge and he used the opportunity to illustrate...…>>
Penningtons Manches Cooper acts on financing and delivery of Eimskip’s Brúarfoss
Posted: 13/10/2020
Following the successful delivery of sister ship Dettifoss earlier this year, leading Icelandic transportation and logistics company Eimskip has taken delivery of Brúarfoss, the second of two new 2,150 TEU container vessels built in China. Together, they are now the largest vessels in the company’s fleet......>>
OFSI guidance tightens UK sanctions on maritime trade
Posted: 04/08/2020
On 28 July 2020, the UK was the first jurisdiction to follow the path paved by the USA in delivering comprehensive guidance in respect of sanctions in maritime trade. In issuing the guidance, the Office of Financial Sanctions Implementation is targeting all companies, banks, and individuals that are involved in maritime trade...…>>

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Coronavirus and shipping: what to expect - March 2020
Although we all have health concerns arising from the Covid-19 virus, we must also gauge how to react in a business setting and be prepared to deal with the crisis now and going forward. At Penningtons Manches Cooper, we think that past financial crises offer warnings and some guidance to the shipping sector.

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